Elon Musks X raises Premium+ subscription to $22 per month

Here’s a holiday gift from Elon Musk to X’s most loyal customers: The cost of your subscription is going up by nearly 40 percent.According to a new page on X’s Help Center titled Premium+ Price Adjustment, the X Premium+ subscription will now cost $22 per month in the U.S., up from the previous $16 monthly fee. Annual subscription costs to X Premium+ are also rising, from $168 to $229 per year.The move from Musk’s social media platform was announced over the weekend and officially went into effect on Dec. 21 for new subscribers. Current subscribers will not receive any grandfathered rates. Current Premium+ subscribers received a notification that their current subscription will be moved to the new $22 per month pricing model after Jan. 20. Any renewal charges before then will still go through at the old rate.Users outside the U.S. will also be hit with price increase, with costs even higher than the U.S. rates in some countries. For example, subscribers in Canada will see prices go from $20 to $26. In Australia, the Premium+ price will jump from $26 to $35. And, as TechCrunch points out, some countries such as Nigeria will see even bigger jumps in cost where the Premium+ price will leap from roughly less than $5 to a whopping $22.It should be noted that these rates are for subscriptions made directly through X’s website. X charges extra to cover costs when signing up through a mobile device and purchasing through a third-party marketplace like Apple’s App…Elon Musks X raises Premium+ subscription to $22 per month